Tavistock eyes new hotel site at key Lake Nona interchange

Orange County Property Appraiser/staff edit

Nona Village at the northwest corner of Narcoossee Road and S.R. 417 would be entitled for 50,000 square feet of commercial/retail and up to 250 hotel rooms. Immediately north are three large tracts (blue) acquired in the last two years by Adventist Health System.

Nona Village at the northwest corner of Narcoossee Road and S.R. 417 would be entitled for 50,000 square feet of commercial/retail and up to 250 hotel rooms. Immediately north are three large tracts (blue) acquired in the last two years by Adventist Health System.

Tavistock Development Company is eyeing property at a key interchange of the S.R. 417 toll road in Lake Nona for a new hotel with up to 250 rooms.

The Lake Nona master developer sent one of its top entitlements specialists to a meeting earlier this month with Orlando planning officials and owner/developer John Reich. Tavistock launched its own hotel division earlier this year.

Reich Properties has applied to rezone the 10-acre tract at the northwest corner of the Central Florida Greeneway - Narcoossee Road interchange for a Planned Development (PD) called Nona Village.

President John Reich told GrowthSpotter on Thursday that Nemours Children's Primary Care will open its 19th pediatric medical office in the 10,800-square-foot building....

"We are looking to acquire the property from John, and we're helping him take it through the entitlement process," Tavistock spokeswoman Karlee Kunkle said.

The PD divides the site into two development tracts with a shared stormwater system. The front lot would be entitled for a maximum of 50,000 square feet with a combination of office, retail and dining uses. The 7-story hotel would be constructed toward the back of the property.

"It seemed like it would be a good site for that," Reich said. "Right at the 417 and Narcoossee it combines a lot of hotel room generators, like the USTA and the VA. We're getting a lot of interest."

City of Orlando

The City of Orlando will start construction next year on a $22 million project to widen four miles of Narcoossee Road to six lanes, and to add a 10-foot multi-purpose trail.

The City of Orlando will start construction next year on a $22 million project to widen four miles of Narcoossee Road to six lanes, and to add a 10-foot multi-purpose trail.

(City of Orlando)

Adventist Health System, parent company of Florida Hospital/Advent Health, owns property on both sides of Narcoossee just north of the site. It carries deed restrictions that limit development to a future hospital, medical offices or wellness-related uses.

Reich bought the land in 2015 for nearly $2 million and spent much of the last two years negotiating with the city and Orlando Utilities Commission for a left-turn lane to access the site for drivers heading north on Narcoossee Road.

"We were able to get it included in the widening of Narcoossee Road, which starts next year," Reich said. "It's a value add for sure. The widening of the road is going to be positive for the whole area."